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1. US Restricts Trade With 42 Chinese Entities Over Support for Russia's
Military
2. World News
3. News
4. Home
US RESTRICTS TRADE WITH 42 CHINESE ENTITIES OVER SUPPORT FOR RUSSIA'S MILITARY
By Reuters
|
Oct. 6, 2023
|
By Reuters
|
Oct. 6, 2023, at 11:33 a.m.
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US Restricts Trade With 42 Chinese Entities Over Support for Russia's Military
More
FILE PHOTO: A staff member wearing a face mask walks past United States and
Chinese flags set up before a meeting between Treasury Secretary Janet Yellen
and Chinese Vice Premier He Lifeng at the Diaoyutai State Guesthouse in Beijing,
China, Saturday, July 8, 2023. Mark Schiefelbein/Pool via REUTERS/File
PhotoReuters
WASHINGTON (Reuters) -The U.S. Commerce Department on Friday added 42 Chinese
companies to a government export control list over their support for Moscow's
military and defense industrial base - support that includes the supply of
U.S.-origin integrated circuits.
Another seven entities from Finland, Germany, India, Turkey, United Arab
Emirates and the United Kingdom were also added to the trade export control
list.
The circuits include microelectronics that Russia uses for precision guidance
systems in missiles and drones launched against civilian targets in Ukraine, the
Commerce Department said in a statement.
"Today’s additions to the Entity List provide a clear message: if you supply the
Russian defense sector with U.S.-origin technology, we will find out, and we
will take action," Assistant Secretary for Export Enforcement Matthew Axelrod
said in the statement.
China called the U.S. action "economic coercion and unilateral bullying".
THE 10 MOST CORRUPT COUNTRIES
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"The United States should immediately correct its wrong practices and stop its
unreasonable suppression of Chinese companies," China's Ministry of Commerce
said in a statement.
It has been 20 months since Russian invaded Ukraine. A Russian missile strike in
a village in northeastern Ukraine on Thursday killed at least 52 people in one
of the most deadly attacks yet.
Companies are added the U.S. Entity List when Washington deems them a threat to
U.S. national security or foreign policy. Suppliers must then be granted
generally hard-to-get licenses before shipping goods to entities on the list.
(Reporting by David Shepardson, Karen Freifeld and Mike Stone; Writing by Susan
Heavey; Editing by Andrea Ricci and Edwina Gibbs)
Copyright 2023 Thomson Reuters.
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Tags: Ukraine, Turkey, Russia, United States, India, Asia, Middle East, Europe,
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